Brown-Forman Declares Special Dividend on Class A and Class B Common Stock, Payable on April 23, 2018; Declares Regular Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on April 2, 2018
January 23, 2018 at 05:35 pm
Share
Brown-Forman declared a special dividend of $1.00 on its Class A and Class B common stock, which will be paid to stockholders of record on April 2, 2018 and they will receive the cash dividend on April 23, 2018.
The company's Board of Directors also declared a regular quarterly cash dividend of 15 4/5 cents per share on its Class A and Class B common stock, reflective of the planned five for four stock split. Stockholders of record on March 5, 2018 will receive the cash dividend on April 2, 2018.
Brown-Forman Corporation is among the main American producers of spirits and wines. The activity is organized around two families of products:
- spirits : whiskies (Jack Daniel's, Canadian Mist, Early Times Kentucky brands), vodkas (Finlandia), tequilas (Herradura, Pepe Lopez, el Jimador), bourbons (Old Forester, Woodford Reserve), gins (Stellar) and liqueurs (Chambord);
- wines: notably marks Fetzer, Korbel, Bolla, and Bonterra Vineyards.
Net sales are distributed geographically as follows: the United States (50.5%), Australia (6%), Germany (6%), the United Kingdom (6%), Mexico (4.3%) and others (27.2%).
Brown-Forman Declares Special Dividend on Class A and Class B Common Stock, Payable on April 23, 2018; Declares Regular Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on April 2, 2018
BROWN-FORMAN CORPORATION 
